STORE
Bata India says new product lines to drive growth, reiterates target to double turnover by 2030
By 2030, Bata India plans to achieve remarkable growth by doubling its turnover and profits. To attract a younger demographic, the company is rolling out innovative sneakers and casual footwear. The 'Reignite India 2030' initiative outlines its strategy for sustained growth, including introducing diverse global products and prioritizing franchisee developments while reviewing new opportunities for its own retail stores.
Manyavar maker Vedant Fashions struggles to revive growth as same-store sales drop 5.8% in Q2
Manyavar maker Vedant Fashions is facing mounting competition and slowing growth, with same-store sales declining 5.8% in the September quarter. Revenue grew at an annual rate of just 2.7% between 2022-23 and 2025-26. Industry experts say demand moderation and aggressive store expansion have added to the company's challenges.
Is Veterans Day a Federal Holiday? Are banks and post offices open? Here's what's open and closed on November 11
Veterans Day will be observed on November 11, 2026, impacting many services across the United States. Federal offices and banks are likely to be closed due to the holiday, which celebrates military veterans. However, private delivery companies and US stock markets will remain open during this day. Most retail stores and restaurants are expected to operate normally and may offer promotions.
Walmart Thanksgiving meal deal feeds 10 people with 26 items: What's inside, how much it costs and how to get free delivery
Walmart Thanksgiving meal deal: Walmart is bringing back its $35 Holiday Meal Basket for 2026, with 26 items designed to serve 10 people. The selection includes a Butterball turkey, stuffing, holiday sides and pumpkin pie ingredients. Shoppers can order online or in stores, with free Express Delivery available through November 30 using a promotional code.
Frontier Raas opens new store in Ahmedabad, Kangana Ranaut attends inauguration as Chief Guest
Indian ethnic and occasionwear brand Frontier Raas inaugurated its new store in Ahmedabad on November 1, 2026, marking another step in its retail expansion. Actor Kangana Ranaut attended the inauguration as the chief guest, alongside prominent business personalities, leading families and members of the city's fashion and cultural communities.
Dhanteras gold rush stretches quick commerce delivery fleets, stores
Heavy demand across platforms such as Blinkit, Instamart, and Zepto also led to dark stores in multiple pincodes in Delhi, Mumbai, and Bengaluru temporarily pausing services on Friday due to a paucity of delivery executives.
Gold gets its festive groove back in India as prices cool from record highs
India’s gold jewellery demand is picking up in the October-December quarter as lower prices and the wedding season draw buyers back to stores, with footfalls and purchase conversions improving, according to Crisil Ratings. However, consumers are favouring smaller purchases, including coins and bars.
Starbucks Red Cup Day 2026 in US, UK and Canada: How to get a free limited-edition cup on November 17; here's what customers need to buy
When is the Red Cup Day at Starbucks: Starbucks is gearing up for its annual holiday celebrations, with Red Cup Day 2026 attracting attention from coffee lovers across the world. The popular promotion gives customers an opportunity to receive a free, limited-edition reusable red cup when they purchase eligible holiday beverages at participating stores. This year's Red Cup Day is scheduled for November 17, 2026, in the US and Canada.
Karnataka: At IKEA store launch, Shivakumar seeks more jobs for Kannadigas
Chief Minister DK Shivakumar inaugurated IKEA's second store in Bengaluru, urging the company to prioritize local hiring. He emphasized the need for greater employment opportunities for Kannadigas within the private sector. Additionally, Shivakumar encouraged IKEA to strengthen ties with Karnataka's small and medium enterprises for sourcing furniture.
Lenskart Q2 net profit more than doubles to Rs 232 crore, revenue rises 36%
The company’s net profit rose 125% to Rs 232 crore, compared with Rs 103.45 crore in the year-ago period. Profit before tax more than doubled to Rs 304.48 crore from Rs 148 crore a year earlier. The company's total expenses increased 31.1% — slower than its revenue growth — to Rs 2,596.8 crore, helping drive the improvement in profitability.
New cyberattack targets French blood banks, health ministry says
The incident follows attacks that forced stores in eight European countries to throw away vast quantities of food after hackers tampered with their fridges on Monday, mirroring hacks that swept dozens of supermarkets in France three weeks ago.
Taco Bell sales fall more than expected on cyclosporiasis outbreak hit
Yum Brands faced a setback in the third quarter as Taco Bell reported declining sales, primarily due to a cyclosporiasis outbreak that sparked customer concerns. While the outbreak severely impacted customer traffic, there was a notable recovery in sales during September and October. Although same-store sales remained flat, falling short of analysts' predictions, the company surpassed profit expectations, boosting investor trust in Yum Brands.
IKEA store in Belgium hit by fridge cyberattack; refrigeration systems impacted as supermarkets across Europe face issues
IKEA's store in Mons experienced temperature rises in refrigeration systems due to a cyberattack. Several European supermarkets, including Carrefour and Coop, also reported similar issues affecting their refrigeration control systems. A broader cyberattack targeted grocery retailers across Belgium, Estonia, Finland, Luxembourg, and Sweden, leading to food waste concerns. Investigations are ongoing regarding the causes and potential future impacts on food supplies.
Sweden's cybersecurity centre working on freezer incidents at several grocery stores
The temperature of freezers at several Swedish grocery stores rose sharply overnight, operators ICA and Coop said on Monday, with at least one store blaming the incident on a cyberattack.
KFC brings the scale; Biryani By Kilo and Vaango emerge as Devyani’s surprise performers
Devyani International is seeing promising advancements in its smaller Indian brand portfolio, particularly Biryani By Kilo and Vaango. In Q2 of FY27, Biryani By Kilo achieved impressive revenue leaps compared to last year, while Vaango noted strong same-store sales and increased its number of locations. The firm is strategically pivoting away from foreign franchises to nurture its indigenous brands, reflecting a shift towards enhanced profitability across its offerings.
Pizza Hut, KFC India operator's Q2 loss naarrows sharply on strong same-store sales growth
Devyani International, the parent company of KFC and Pizza Hut in India, has recorded a significant reduction in losses during its second quarter. For the third straight quarter, same-store sales for KFC increased by 4.4%. With revenues climbing by 10.4% to 15.19 billion rupees and expenses only rising 8.3%, Chairman Ravi Jaipuria emphasized the ongoing challenges posed by inflation and increasing interest rates.
Who was Constance Hages? Spirit Halloween store shooting victim identified as 31-year-old pregnant mother of four
Constance Hages, a 31-year-old pregnant woman and mother of four, was killed in a shooting incident. The shooting occurred inside a Spirit Halloween store at Solano Town Center in Fairfield. Authorities reported that six other individuals were injured, with three in critical condition. A police investigation is underway as the suspect is believed to have targeted the incident.
Sam Walton’s landlord took away his best store and gave it to his son. So he moved to a tiny town called Bentonville
Sam Walton's Newport store had increased sales from $80,000 to $225,000 in three years. But his landlord refused to renew the lease, giving the property to his son instead. Walton moved to Bentonville in 1950 and bought another variety store. The town had just 3,000 residents. He later expanded into nearby communities, opening Walmart's first discount store in Rogers, Arkansas, in 1962.
IKEA to open new city centre store in Bengaluru next month, expanding urban presence
IKEA is set to open a new city centre store in Bengaluru next month, which will enhance accessibility. The upcoming store will feature an 80,000 square feet retail area with over 5,200 products available. This expansion follows the success of IKEA's large-format store opened in June 2022 in Nagasandra. IKEA aims to cater to evolving customer needs by providing a smaller urban outlet.
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